Consumer Borrowing Increases In March

American Voices • Opinion • ISSUE 48•19 • May 9, 2012

Overall borrowing, including credit card purchases and student loans, increased more in March than in any month in the past 10 years, pushing the total close to its level immediately preceding the recession. What do you think?

“It was only a matter of time before people remembered how fun it is to buy things with money they don't have.”
Carrie Wackerman –
Systems Analyst
“As a lender, I couldn't be happier about this. As a pushover with a lot of creeps for friends, I am pretty sure I am about to lose a lot of money.”
Christopher Bayley –
Loan Officer
“I like our gumption!”
Finn Williamson –
Unemployed

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